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NGC

While NGC (as a group of companies) has several listed subsidiaries, most of these are specific to a
particular initiative or joint venture and are not a separate physical company. In terms of a physical
company, the NGC group is limited to NGC itself, National Energy (formerly NEC), Phoenix Park Gas
Processors Ltd (majority NGC shareholding) and LABIDCO (NGC majority shareholding). As a group, NGC
remains highly profitable.

Fig 1: NGC Group organogram, end 2013

Source: www.ngc.co.tt.

However,


Table 1
NGC subsidiaries by shareholding, business activity and type of financial relationship.
Company NGC Type of business conducted Type of Financial
The NGC Group of Companies


100%
Natural Gas, Purchase, Sale, Distribution


CNG Natural Gas NGL LNG Port I nfrastructure Other Expl orati on & Producti on
Di stri buti on & Devel opment
16.67%


37.84%


100% 80%
100% 20% 63% 100% 100% 83% 10% 100% 20% 100% 100%



100% 51% 10% 11.11%
99.99% 0.01%
18% 15% 4%


39%
100% 100%


Government of the Republic
of Tri ni dad & Tobago
The National Gas Company
of Tri ni dad & Tobago Ltd
Phoeni x Park Gas
Processors Ltd
Atl antic LNG Co.
of T&T Ltd
(Trai n 1)
Atl antic LNG 4
Co. of T&T Ltd
(Trai n 4)
Nati onal
Hel i copter
Servi ces Ltd
TSP Assets
South East Coast
Consorti um
6) NGC E&P
(Barbados) Ltd
(Barbados)
5) NGC E&P
Netherlands
Coperatief U.A (NL)
3) NGC E&P
(Netherlands) B.V.
4) NGC E&P Investments
(Netherlands) B.V.
T&T NGL
Li mi ted
NGC Pi pel i ne
Company Ltd.
NGC NGL
Company
Ltd
NGCTri ni dad and
Tobago LNG Ltd
T&T LNG
Company Ltd
NEC of
Tri ni dad &
Tobago Ltd
Eastern
Cari bbean Gas
Pi peli ne Co Ltd
*NGC E&P
I nvestments
Ltd
T&T Mari ne
Petrol eum Co.
Ltd
6) NGC E&P
Investments (Barbados)
Ltd (Barbados)
La Brea
I ndustri al
Devel opment
Co. Ltd
Block 3(a)
Trinidad and
Tobago)
Block 2(c)
Trinidad and
Tobago)

Legend
1) Formerl yConocoPhillips Trinidad and Tobago Holdings Inc.
Forei gn entityi ncorporatedi nDelaware, USA.
2) Assets of Trinidad and Tobago Holdings to be transferred to
T&T NGL Ltd i n 2014. Part of l atter companyto be placedon
T&T Stock Exchange in 2014.
3) Formerl yElf ExplorationTri nidadB.V. There is a l ocally
regi stered branch.
4) Formerl yTOTAL E&PTri nidadB.V. There i s a locally
regi stered branch.
5) I ncorporated in Netherlands.
6) I ncorporated in Barbados.
* I nactive
CNG
Co.
NEL
share
(%)
Relationship
NGC Pipeline Company 100 Distribution of natural gas via pipeline Direct
NGC CNG 100 CNG sales/CNG initiative Direct
Phoenix Park Gas
Processors
90 Extraction, marketing and sales of NGLs. Direct
Atlantic LNG Train 1 10 Production and sale of LNG Minority
Atlantic LNG Train 4 11.1 Production and sale of LNG Minority
National Energy 100 Estate management, business development Direct
LABIDCO 83 Port of LA Brea/ management of Union Estate
/port administration
Direct
NEL 16.67 Holding company for selected state enterprises Minority
Eastern Caribbean Gas
Pipeline
10 Eastern Caribbean gas pipeline project Minority
National Helicopter
Services Ltd.
18 Helicopter services Minority
TSP assets 15 E&P (gas compression, TSP acreage)
NGC E&P 100 E&P Inactive
South East Coast
Consortium
4 E&P (SECC acreage) Minority
Trinidad and Tobago
Marine Petroleum
20 E&P (Pelican acreage) Minority
NGC E&P
(Netherlands) BV
100 E&P (Block 3a) Direct
NGC E&P Investments
(Netherlands) BV
100 E&P (Block 2c) Direct